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Azimax (Dorking) Limited

11498449

active
Private Limited Company
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

7 REDBRIDGE LANE EAST, ILFORD, IG4 5ET
Incorporated 03/08/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects

Officers

Mr Parag Patel

director · Since 20/05/2019

DIRECTOR

BRITISH · ENGLAND · Age 42

Also on 15 other boards

Miss Payal Patel

secretary · Since 16/04/2020

Persons with Significant Control

Weymouth Property Limited

25–50% shares
25–50% votes

1st Floor Court Row Chambers, Court Row, Ramsey

Notified 20/05/2019

Azimax Developments Limited

25–50% shares
25–50% votes

7, Redbridge Lane East, Ilford, IG4 5ET

Notified 20/05/2019

Former PSCs

Barth Developments Limited

Ceased 20/05/2019

Charges1 outstanding

Charge
satisfied

LLOYDS BANK PLC (COMPANY NUMBER 2065)

Created 21/07/2020Registered 29/07/2020Satisfied 26/09/2025
Charge
outstanding

LLOYDS BANK PLC (COMPANY NUMBER 2065)

Created 21/07/2020Registered 24/07/2020
Charge
satisfied

LLOYDS BANK PLC

Created 08/04/2020Registered 08/04/2020Satisfied 26/09/2025
Charge
satisfied

WEYMOUTH PROPERTY LIMITED

Created 20/05/2019Registered 21/05/2019Satisfied 23/07/2020
Charge
satisfied

FUNDING 365 CAPITAL LIMITED

Created 29/08/2018Registered 07/09/2018Satisfied 05/06/2019
Charge
satisfied

FUNDING 365 CAPITAL LIMITED

Created 29/08/2018Registered 05/09/2018Satisfied 05/06/2019

CompanyRankvs 44038+ SIC 41100 peers
37

Financial strength78th percentile among SIC peers · 20/25
Employees15th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.12× · 2/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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44038Azimax (Dorking) Limited
46
How is this score calculated?
Financial strength20/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees2/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity8/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/08/2024

Net Worth

£82k

Balance sheet strength

Cash

£100k

Cash in the bank

Net Current Assets

-£838k

Working capital

Current Assets

£116k

Current Liabilities

£954k

Fixed Assets

£2.7M

Debtors

£15k

0avg. employees-2

Tax at Year End

Corp tax£102k

Balance Sheet

Assets less current liabilities£1.9M
Prepared with Sage Accounts Production Advanced 2023 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
20240.12-£99k
20230.03+£370k
20220.10-£43k
20211.82-£27k
2020—-£225k
20190.01—

Derived from filed accounts. Not audited figures.